LONDON, Feb 2 (Reuters) - Bank of England Governor
Andrew Bailey said on Thursday that he could not guarantee that
any future increases in Bank Rate would be in smaller steps than
the half-point increases it has made after recent meetings.
"I can't say that for sure at all. We are in a very
uncertain position," Bailey said in an ITV News interview when
asked if he could reassure the public that future rate rises
would be smaller.
Earlier on Thursday the BoE toned down its language on the
need for further interest rate rises, but said this did not mean
its programme of rate increases had necessarily finished.
(Reporting by David Milliken; Editing by Sachin Ravikumar)
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